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The past few years encouraged all of us to embrace the great indoors. No
surprise, then, that interest in making money online—from the safety of our
homes—is on the rise.

The magic of the web is that it’s a sales channel, marketing network, and
community hub all in one—plus so much more. There are many creative ways to make
money online beyond surveys and selling used goods on Craigslist.

That said, some businesses and side hustles are better suited to the laptop
lifestyle than others. In this guide, we’ll break down the strengths and
shortcomings of 30 of the top money-making options.


1. DROPSHIPPING

Last year, many worldwide trends experienced decades’ worth of acceleration. One
such trend was the rise of ecommerce. There are a number of ways to run
an ecommerce business, some of which allow for minimal need to carry and hold
lots of inventory.

Enter dropshipping—a business model where you don’t keep the products you sell
in stock. Instead, when a customer buys something from your store, a third party
fulfills and ships the order for you. Because startup costs are low, it’s an
increasingly popular way to make money online for beginners and pros alike.

Dropshippers have a habit of chasing the latest trends. And while there’s
nothing wrong with catching a trending product wave, there are many steady
product categories that offer similar opportunities to do well.

Startup time: A few hours.

Effort to start: Very easy with little ecommerce knowledge.

Time to first payment: Two weeks to one month, on average.

What to know:

 * At Shopify, we regularly see these categories on our list of top performers:
   clothing and accessories, jewelry, home and garden.
 * You can create a Shopify store and use it for free for 14 days.
 * The pay period using Shopify Payments is five days plus the number of days
   remaining until your payout day.

Requirements: 

 * You must be 18 years or older to start a Shopify store. If you’re under the
   age of 18, your parents can start one on your behalf.
 * Requirements vary by state, but you need to have licenses or permits to sell
   online.


2. PRINT ON DEMAND

Print on demand allows sellers to customize white label products with their own
designs and sell them only after a customer buys, eliminating the need to hold
inventory (which is what makes it a subset of dropshipping). When a customer
places an order, a print-on-demand company will add your design to the product,
fulfill the order, and ship it to the customer.

The most significant advantage print on demand offers over dropshipping is that
you control the aesthetic of your products—a key differentiator for product
categories where the design is the distinguisher, like t-shirts or fan merch.

When it comes to making money online, you can also use print-on-demand services
to:

 * Test online business ideas or new products lines without the risk of buying
   inventory.

 * Monetize an audience you’ve already built, whether it’s on YouTube, social
   media, or a personal blog.

 * Offer diverse products by selling t-shirts, books, shoes, bags, mugs, phone
   cases, laptop skins, wall art, and more.

 * Sell photos online by placing your images on physical products to sell to
   your fans.

Overall, print on demand lets you create customized products quickly. You don’t
have to worry about shipping or fulfillment—it’s taken care of by your
suppliers. And since you have no inventory to worry about, it’s a low-risk,
low-investment way to make money online.

Startup time: A few hours to set up an ecommerce platform, then however long it
takes to create your designs.

Effort to start: Very easy with little ecommerce knowledge.

Time to first payment: It depends on when you get your first sale and which
ecommerce platform you decide to use, but Shopify’s pay periods are five
business days.

What to know:

 * You can set up accounts with ecommerce platforms like Shopify that have the
   logistics included in their services.
 * Payments will vary depending on how much you sell and your profit margins.
 * Pay period using Shopify Payments is five days, plus the number of days
   remaining until your payout day.

Requirements: 

 * Most ecommerce platforms require that you’re at least 18 years of age. If
   you’re under the age of 18, your parents can start one on your behalf.
 * Requirements vary by state, but you need to have licenses or permits to sell
   anything online.


3. CUSTOM PRODUCTS

While the options above come bundled with the convenience of not holding on to
expensive inventory, they also come with some limitations—mainly that you don’t
have full control over the product you’re selling.

And when you think of most direct-to-consumer brands, this is what comes to
mind: original products that make meaningful improvements or add interesting
details to well-known items. Personally, I’ve purchased many messenger bags, but
I’d never seen anything like the one made by Vermilyea Pelle until it reached my
doorstep.

Making products by hand is popular among jewelry brands, fashion brands, and
home décor brands. It gives you full control over the product development and
quality of your items.

The only drawbacks are:

 * It can be time consuming
 * It’s difficult to scale

The costs associated with making products by hand are the cost of materials,
storing your finished products, and labor.

Startup time: A few hours to set up your ecommerce platform, followed by however
long it takes to create your custom products.

Effort to start: Medium, but it takes a lot of effort to maintain.

Time to first payment: The pay period using Shopify Payments is five days, plus
the number of days remaining until your payout day.

What to know:

 * Sellers must collect the state tax where their item is delivered to.
 * Make sure to factor in your packaging costs when pricing your items.
 * You can set up a Shopify store and use it for free for 14 days.

Requirements: 

 * Most ecommerce platforms require that you’re at least 18 years of age. If
   you’re under the age of 18, your parents can start one on your behalf.
 * Requirements vary by state, but you need to have licenses or permits to sell
   anything online.


4. SELL ON ETSY

Every online marketplace, from Etsy to Amazon, offers a shared set of advantages
and disadvantages. The upside is that you get access to their network of
shoppers—people regularly browse these sites when they need to buy something, so
setting up shop lets you meet them there.

That said, since these channels can work in harmony with your own website,
sometimes they’re a great place to begin. New online makers can use Etsy to grow
brand awareness at first. We’ve seen many businesses successfully switch to
Shopify, for example, after generating their first few sales on Etsy.

If you have an Etsy shop and don’t want to leave just yet, you can always run
both stores simultaneously. Once you set up your Shopify store, use a free
Shopify app like Etsy Marketplace Integration. You can easily sync inventories,
manage orders, and make money online using both Shopify and Etsy.

Startup time: A few hours.

Effort to start: Easy, but it takes a lot of effort to maintain.

Time to first payment: Your funds will be available for deposit three days after
a sale for the first 90 days. After that, they’ll be available for deposit the
next business day.

What to know: 

 * To post an item on Etsy, it costs 20¢/item every four months, until the item
   sells.
 * When you sell an item, Etsy charges a 5% transaction fee on top of your sale
   price (this is paid by the buyer) and a 3% + 25¢ payment processing fee per
   transaction (this is paid by the seller).
 * There are also possible pattern fees, conversion fees, and a variety of ad
   fees you might be charged, so make sure to read up and see if they apply to
   you.

Requirements: 

 * Sellers must be at least 18 years of age to sell on Etsy. If they are between
   13 and 18, they may use Etsy with the supervision of a parent or legal
   guardian. Children under the age of 13 are not allowed to sell on Etsy.
 * You must comply with Etsy’s guidelines for what items are acceptable to sell
   and how your items are represented.


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